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LexisNexis Launches Chinese Online Service

LexisNexis Group, a provider of legal, news, and business information, has announced the launch of a new Chinese language online service called LexisNexis China Online (http://research.lexisnexis.com.cn). This new research tool, which LexisNexis has developed specifically for the Chinese market, is designed to help customers quickly and easily find relevant data, particularly on rapidly changing legal and regulatory issues in China.

LexisNexis Group is a member of the Reed Elsevier Group plc, a publisher and information provider. LexisNexis China Online was created in part through an acquisition of China tax and financial information provider PRCInvestment.com. PRCInvestment.com, which currently focuses on tax and financial content, will be expanded over the course of the next several months to incorporate legal and regulatory material covering a range of subject areas. By the end of 2005, LexisNexis China Online is expected to provide clients with a full range of Chinese legal, tax, and regulatory content.

LexisNexis has also announced that it recently entered into exclusive licensing arrangements with the State Information Center (SIC), through its subsidiary Beijing Guoxin Xunjie Information Resources & Develop Technology Co., Ltd., for content provided under its Chinese legal, tax and regulatory product "chinalaw.net" and Chinalawinfo, for its "lawinfochina" English language content. (www.lexisnexis.com)